Greenberg Traurig has advised Benefit Systems on its PLN 94.4 million sale of 118,053 treasury shares in an accelerated book-building process.
Wood & Company Financial Services Poland and Trigon Dom Maklerski acted as managers of the share offering.
Benefit Systems S.A. is a Warsaw Stock Exchange-listed company providing employers with non-wage employee benefits in the areas of sports and recreation, culture and entertainment, as well as custom-made cafeteria programs. According to the company, their flagship product, with over 1 million users, is the MultiSport program providing access to nearly 4,600 sports and recreation facilities in about 650 Polish towns and cities.
The Greenberg Traurig team consisted of Warsaw-based Partner Pawel Piotrowski and Associate Jakub Tarlowski and London-based Partner Dorothee Fischer-Appelt.
The firm was unable to disclose who advised the banks.